Top 10 Undergraduate Business Schools 2016 Tuition Comparison and 2017 Estimation

In this page, we introduce best colleges in undergraduate business major program and compare tuition costs between them for year 2016.

General information and comparison between undergraduate business

In the field of undergraduate business, 7 public and 6 private schools are included in the top 10 rankings where University of Pennsylvania is on the top of the list and Massachusetts Institute of Technology is positioned on second. Next table shows academic information and general characteristics of the best undergraduate business colleges.
Table. Best Undergraduate Business Schools Overview
RankName Acceptance RatesGraduation RatesPopulationStudent Faculty Ratio
1 University of Pennsylvania
Philadelphia, PA
12%96%24,806 1:6 (16.67 %)
2 Massachusetts Institute of Technology
Cambridge, MA
8%93%11,319 1:8 (12.50 %)
2 University of California-Berkeley
Berkeley, CA
18%91%37,565 1:17 (5.88 %)
2 University of Michigan-Ann Arbor
Ann Arbor, MI
33%91%43,625 1:12 (8.33 %)
5 New York University
New York, NY
26%85%49,274 1:10 (10.00 %)
5 University of California-Berkeley
Berkeley, CA
18%91%37,565 1:17 (5.88 %)
7 University of Virginia-Main Campus
Charlottesville, VA
30%93%23,732 1:15 (6.67 %)
8 University of North Carolina at Chapel Hill
Chapel Hill, NC
28%89%29,135 1:13 (7.69 %)
8 Carnegie Mellon University
Pittsburgh, PA
25%87%12,587 1:10 (10.00 %)
9 The University of Texas at Austin
Austin, TX
40%79%51,313 1:17 (5.88 %)
10 Cornell University
Ithaca, NY
16%93%21,679 1:9 (11.11 %)
10 Indiana University-Bloomington
Bloomington, IN
72%75%46,416 1:17 (5.88 %)
10 University of Notre Dame
Notre Dame, IN
22%95%12,179 1:10 (10.00 %)
Student/Faculty Ratio data are reported for year 2014.

2016 Tuition & Fees Comparison and 2017 Estimated Costs

Next table list 2015-2016 tuition & fees and compars the costs between schools. The 2015-2016 costs officially published by IPEDS, U.S. Department of Education. For the estimated costs for year 2016-2017, bold text amounts are formulated by the school directly and light-italic text amounts are calcluated based on school's previous 2 years tuition change rates. See school's tuition page for detail description.
UndergraduateGraduate Living Costs
Table. Undergraduate Business College 2016 Undergraduate Tuition & Fees Comparison and 2017 Estimation
2016Tuition & Fees2017 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
University of Pennsylvania $49,536$51,477
Massachusetts Institute of Technology $46,704$48,455
University of California-Berkeley $13,431$38,139 $13,906$40,574
University of Michigan-Ann Arbor $13,856$43,476 $13,392$43,575
New York University $47,750$49,384
University of California-Berkeley $13,431$38,139 $13,906$40,574
University of Virginia-Main Campus $15,192$44,365 $17,474$46,427
University of North Carolina at Chapel Hill $8,591$33,673 $8,853$33,929
Carnegie Mellon University $50,665$52,363
The University of Texas at Austin $9,806$34,676 $9,782$34,516
Cornell University $49,116$51,016
Indiana University-Bloomington $10,388$33,741 $10,388$34,248
University of Notre Dame $47,929$49,682
Average$12,099$42,916$12,528$44,324
Table. Undergraduate Business College 2016 Graduate School Tuition & Fees Comparison and 2017 Estimation
2016Tuition & Fees2017 Estimated Tuition & Fees
In-StateOut-of-StateIn-StateOut-of-State
University of Pennsylvania $34,268$35,610
Massachusetts Institute of Technology $49,272$51,343
University of California-Berkeley $13,431$28,533 $13,907$29,000
University of Michigan-Ann Arbor $20,966$42,016 $21,541$43,170
New York University $40,984$42,365
University of California-Berkeley $13,431$28,533 $13,907$29,000
University of Virginia-Main Campus $17,094$26,892 $17,520$26,866
University of North Carolina at Chapel Hill $11,074$28,285 $11,575$28,773
Carnegie Mellon University $41,371$42,334
The University of Texas at Austin $10,934$20,762 $10,990$20,826
Cornell University $29,581$29,581
Indiana University-Bloomington $9,743$28,113 $9,995$29,716
University of Notre Dame $47,765$49,516
Average$13,810$34,336$14,205$35,238
Table. Undergraduate Business College 2016 Living Costs Comparison and 2017 Estimation
2016 Living Costs2017 Estimated Living Costs
On-CampusOff-campusOn-CampusOff-Campus
University of Pennsylvania $16,014$16,014 $16,748$16,748
Massachusetts Institute of Technology $15,546- $16,096-
University of California-Berkeley $20,583$15,213 $21,020$15,744
University of Michigan-Ann Arbor $12,908$12,908 $13,382$13,382
New York University $19,580$19,580 $20,411$20,411
University of California-Berkeley $20,583$15,213 $21,020$15,744
University of Virginia-Main Campus $13,110$13,110 $13,703$13,356
University of North Carolina at Chapel Hill $14,316$14,316 $12,946$12,946
Carnegie Mellon University $14,230- $14,673-
The University of Texas at Austin $15,766$15,766 $15,766$15,766
Cornell University $15,488$15,488 $15,526$15,526
Indiana University-Bloomington $12,921$12,921 $13,325$13,325
University of Notre Dame $15,796$15,796 $16,443$16,443
Average $15,910$15,120 $16,235$15,399

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